> mfw you literally cannot cash out any large sum of crypto in the UK
It's not even the exchange part that's the issue, it's the banks that won't let you do it. They'll freeze your accounts and send a money laundering report to the National Crime Agency.
You literally cannot cash out any large gains in the UK as no banks will accept it. Even the private banks like UBS wont accept gains from crypto.
What the fuck do I do, I want to buy a house.
Also, merry christmas anons.
I cashed out 10k no problem
Just pay your CGT and it's fine.
Move to a different bank or get cash through localbitcoin
how large you talking about, lad?
I haven't cashed out yet, but it should be fine as long as you keep a history of your trades
I will cash out a few thousand this week with Coinfloor just to see how it goes
Just cash out 5k in 1k chunks every once in a while. Also use different bank accounts to do more at once.
House buying large.
Kek, if that is the case mate, maybe try phoning your bank before to discuss it with them?
this. Before you cash out anything go to the bank, ask them straight up if they won't make any problems and that's it. If they start bitching you go to a next bank. If that doesn't work, you find some jewish lawyer/accountant. Don't let them spoil your gains/mental health user.
If it was true that you Can't Cash Out, cryptos would be crashing right now